RT
November 21, 2011
Across the European Union – the ongoing debt crisis has sparked an upheaval in the bloc’s political landscape. From Greece to Italy, unelected Eurocrats are on the ascendant – as democracy gives way to a desperate struggle for economic survival. Wasting little time, Mario Monti unveiled his new strategy the very day he took office – more austerity, more cuts, and more tax hikes. But markets are far from convinced – with debt interest rates across the EU reaching catastrophic levels this week. RT’s Daniel Bushell reports.
Leave a Reply
You must be logged in to post a comment.
Related posts:
Video: Loews Coronado Bay Resort Surf Dog Competition 2012 San Diego
Siege developing as man barricades himself in business, makes threats, police ...
Officials: Wine study falsified
Gingrich wants Afghans to apologize to America
Trump Says America is Dying, Is He Right?
Real Life Air America: CIA Exposed Running a Covert Drug Smuggling Airline